inco terms
INCO Terms 2010
RULES FOR INTERNATIONAL TRADE AS DEFINED BY INCOTERMS ® 2010 DUTIES OF BUYER / SELLER ACCORDING TO INCOTERMS ® 2010
Incoterm |
Loading on truck ( carrier ) |
Export- Customs declaration
Carriage to port of export
|
Unloading of truck in port of export |
Loading charges in port of export |
Carriage to port of import |
Unloading charges in port of import
Loading on Carriage trick in port to place of of import destination
Insurance
|
Import customs clearance |
Import taxes |
EXW Buyer Buyer Buyer Buyer Buyer Buyer Buyer Buyer Buyer Buyer Buyer Buyer
FCA Seller Seller Buyer Buyer Buyer Buyer Buyer Buyer Buyer Buyer Buyer Buyer
FAS Seller Seller Seller Seller Buyer Buyer Buyer Buyer Buyer Buyer Buyer Buyer
FOB Seller Seller Seller Seller Seller Buyer Buyer Buyer Buyer Buyer Buyer Buyer
CFR Seller Seller Seller Seller Seller Seller Buyer Buyer Buyer Buyer Buyer Buyer
CIF Seller Seller Seller Seller Seller Seller Buyer Buyer Buyer Seller Buyer Buyer
DAT Seller Seller Seller Seller Seller Seller Seller Buyer Buyer Buyer Buyer Buyer
CPT Seller Seller Seller Seller Seller Seller Seller Seller Seller Buyer Buyer Buyer
DAP Seller Seller Seller Seller Seller Seller Seller Seller Seller Seller Buyer Buyer
CIP Seller Seller Seller Seller Seller Seller Seller Seller Seller Seller Buyer Buyer
DDP Seller Seller Seller Seller Seller Seller Seller Seller Seller Seller Seller Seller
Source : Skyways Management Services Ltd .
Illustration : Sergey Nivens / Shutterstock . com
SUPPLY CHAIN CANADA • QUARTER 4 2016 • 23